Following Washington’s imposition of 25% tariffs on imports of Mexican and Canadian goods, Mexico has announced its intention to seek new trading partners as an alternative to the United States. President Claudia Sheinbaum indicated that Mexico may reorient its trade alliances if the tariffs continue.

The move comes in the wake of escalating disagreements between Mexico and the United States over some clauses of the North American Free Trade Agreement (USMCA), as well as Washington’s recent tariff restrictions on some Mexican exports, prompting the government to take precautionary measures to protect its economy.

Mexico is seeking to strengthen cooperation with China, Brazil and the European Union, as well as signing new agreements with Asian countries, to open up new markets for its exports, particularly in the manufacturing and agricultural sectors.

The United States is Mexico’s largest trading partner, accounting for about 80 per cent of its exports, but recent political and trade challenges have prompted the government to seek strategic alternatives to ensure the stability of the Mexican economy.